The world of e-commerce is booming — but on a parallel track, identity theft, loss of privacy and fraud are skyrocketing as well. While the government has a role in combating Internet security abuses, two top administration officials visited Silicon Valley to emphasize that the private sector needs to lead the way in developing innovative IT security solutions. At a cybersecurity forum earlier this month, U.S. Commerce Department Secretary Gary Locke announced the creation of a national program office to focus on improving the security of sensitive online transactions.
Thanks for publishing this article. It is important to add another element to the discussion -- workable, and effective regulations to protect people put at risk due to breaches. The current patchwork of laws and regulations relating to data breaches is ineffective, and the proposals on the horizon in terms of federal laws are weak at best and toothless at their worst.
Breaches are vastly under-reported. In the health care industry alone, Identity Force's survey of hospital executives last Spring revealed that over 40% of hospitals experience 10 or more data breaches yearly -- a copy of the report can be found at www.identityforce.com/Press.php
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White House: Private Sector Must Lead Internet Security Fight
Posted by: John K. Higgins January 18, 2011 05:00 AMThe world of e-commerce is booming — but on a parallel track, identity theft, loss of privacy and fraud are skyrocketing as well. While the government has a role in combating Internet security abuses, two top administration officials visited Silicon Valley to emphasize that the private sector needs to lead the way in developing innovative IT security solutions. At a cybersecurity forum earlier this month, U.S. Commerce Department Secretary Gary Locke announced the creation of a national program office to focus on improving the security of sensitive online transactions.
Breaches are vastly under-reported. In the health care industry alone, Identity Force's survey of hospital executives last Spring revealed that over 40% of hospitals experience 10 or more data breaches yearly -- a copy of the report can be found at www.identityforce.com/Press.php
Again, thanks for your article.